Company Partner

The Thailand Foreign Business Act (FBA) restricts majority foreign owned companies from performing service type businesses in Thailand without first going through a risky, costly and time consuming application process to apply for a foreign business license or Board of Investment (BOI) license.  

There are only a few types of business activities such as export and manufacturing that are exempt from the FBA.

Thus, most foreign controlled companies will have a local Thai person as their business partner and majority shareholder.

Our Thai company partner service includes the following:

• Provide Thai national experienced in international business as director and/or shareholder for a period of 1 year or more.
• Provide shareholder agreement to be executed with the Thai and foreign partner.
• Provide director service agreement to be executed with the Thai and foreign partner.
• Assist with opening an office in Thailand including signing off on lease agreement for up to one (1) year.
• Assist with opening a company bank in Thailand account.
• Sign off on monthly and annual compliance documents during the first year of operations.